Top 8 AI News Updates on Wall Street’s Radar

6. Braze Inc. (NASDAQ:BRZE)

Number of Hedge Fund Holders: 31

Braze Inc. (NASDAQ:BRZE) offers a customer engagement platform that enables marketers to gather, analyze, and take appropriate action on vast amounts of data to improve customer engagement in real time. The company’s services include cross-channel messaging, journey orchestration, and AI-powered experimentation and optimization to improve brand loyalty and promote business growth.

On March 27th, Braze Inc. (NASDAQ:BRZE) said it narrowed its Q4 losses from a year earlier to $0.17 per diluted share as revenue increased 22.5% YoY to $160.4 million on new customers, renewals, and advancements in AI agentic innovation through the acquisition of an AI decisioning company called OfferFit. The company set the fiscal year 2026 revenue outlook between $686 million and $691 million.

“Fiscal 2025 was a milestone year for Braze that reinforced our position as the leading Customer Engagement platform through robust customer growth and continued advancements in our product, including meaningful new investments in AI and machine learning. We grew revenue 26% while continuing to drive strong operating leverage, ending the year with three straight quarters of non-GAAP net income profitability. And today, we are also pleased to announce our intent to acquire OfferFit, a sophisticated AI decisioning company focused on deploying reinforcement learning that recommends individualized cross-channel customer journeys at scale. We look forward to bringing our complementary products and teams together to drive the evolution of Customer Engagement.”

-said Bill Magnuson, Cofounder and CEO of Braze.